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Starting a business in a downsizing economy

A lot of folks started to write about the financial turmoil and that you should do that and this and whatever. And the numbers of views and ideas is more or less equal with the number of people writing something about it.

I’ve decided to join the crowd that says starting a business now should be ok. Mostly because my own entrepreneurship attitude and desire to start a new business hasn’t changed with the recession. Also the interviews that I’ve did lately on Entrepreneur interviews, published or waiting to be published show that companies just go forward (of course adjustments have to be made) or even found new opportunities.

Of course there are layoffs. In theory, all these professionals without a job could or should start a business on their own, but the thing is that the human psychology won’t let them do it. Why should I start a business now when I don’t have income, I’ve just suffered a terrible breakdown being laid off and nobody buys anything?

Read the article here.

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